Consultant/OCIO/Discretionary
The incumbent will serve for a three-year term.
The plan recently extended the contract of its incumbent so it could conduct an RFP.
The town hired a new outsourced cio for its funds following the acquisition of its incumbent Vanguard Group by Mercer.
The plan has issued a request for quotations and qualifications for the services.
The retirement system has been working with its incumbent consultant since 1987.
The plan approved hires in its general and alternatives investment consulting searches at today’s board meeting.
The plan is seeking non-discretionary full-service general consulting services, including private markets strategic planning and analysis.
The plan also terminated an active domestic large-cap growth equity manager in December.
The plan will conduct the search due to the upcoming contract expiration of its current consultant.
The plan’s board would prefer not to conduct an RFP and instead gather data informally.